Bridging Finance

What are bridging loans?

Bridging finance or bridging loans are short-term loans secured on property to borrowers who require instant access to funds with minimal red tape. The loans are typically repaid within a few days/weeks to six months.

Bridging finance is typically used in these circumstances:

  • To buy a new property before an existing property is sold
  • To attend property auctions where instant funds are required
  • For renovations
Bridging loans are always secured over property and our loans range between £50,000 to £2,000,000.

Process

The Fincorp bridging finance team assesses each client’s requirement quickly, minimising red tape and ensuring a speedy process. Decisions to providing finance are normally given instantly.

What Fincorp offer:

  • Peace of mind
  • Immediate funding
  • Principal Lender own funds
  • No redemption fees / no commitment fees / no exit fees
  • Immediate decision by phone
  • No minimum or maximum period
  • Completely non status
  • No forms necessary, cutting red tape to a minimum
  • User friendly service
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